In this layout I have Black Sea Wheat and Corn, Australian and Ukrainian Wheat, and 4 main Fertilizer (UREA) Futures. Conflict and Wars are good ways for Financial Institutions like Black Rock and State Street Corp oration to make a lot of money. What better way than to destroy the wheat fields/silos themselves and profit at the same time? These markets are...
wheat tends to consolidate in huge price zones before next moves
Wheat futures have broken out of a falling wedge pattern on positive divergence. The price broke out of the wedge to the upside, then it back-tested the wedge from above, and proceeded to move up aggressively today. This is an objective buy signal. The most common investment vehicle for this trade is WEAT, an ETN backed by wheat futures.
Hello,Traders! WHEAT is retesting a broken Key horizontal level of 580'0 Which is now a resistance And as wheat is in the Local downtrend I am Bearish biased so I will Be expecting a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I write this as I listen to Tchaikovsky's Violin Concerto in D Major on the excellent Shen Yun Zuopin platform. It seemed quite fitting for watching the world burn. When you hear propaganda on English social media on a Saturday night that a group of mercenaries are raiding Moscow to overthrow Putin, you absolutely must take what you are hearing and seeing with an...
Whenever the price breaks the downward trend line , there is a strong possibility for wheat to rise to the 650$
the price 570$ is the last support area for the Wheat Wheat is moving in a channel and if it reverse from this area it can rise to the 650$ . Trigger is in the H4 time frame whenever price breaks the downward trend line.
Wheat is a commodity and seasons affect the wheat price. in August wheat usually drops to the lower prices. Now, due to the supply problems and by looking at the chart , if it is below 650$ you can buy and keep it until 685$.
Wheat to sel target 1 : 613'7 target 2 : 607'2 target 3 : 598'6
This Fib layout consists of the most important agricultural commodities. Beef, Pork, Soybean, Corn, Wheat, Rice, and Orange Juice Futures. -Orange Juice is sold as a frozen concentrate which makes it a commodity. Each Schematic is worked through by Large Institutions on behalf of the Fed. Market Manipulation through inflation and destroying meat processing...
It seems Reuters is trying to manipulate food prices in this article , clearly stating something which clearly does not reflect truth at the time!
Hello,Traders! wheat was in a downtrend -the wheat is for sale if it does not break the downtrend
The recent downward movement has brought the wheat price into our blue trading zone and thus the minimum requirement of the current blue corrective wave (b) has been fulfilled. We expect it to go a little lower, but gradually the price should now form the end of the wave, allowing long entries. In the further sequence, we see the price rising above the resistance...
Nature is beautiful. It's always balancing the underlying energy. That's what we see here. Wheat spurted down too fast. The down-swing can be put in context by the Medianlines. Here, price has reached it's balance again at the CL. What's next? I bet for sideways to short action, until we crack the orange CIB line. Stalking Hat on...
Soybeans have certainly caught our attention as a classic head and shoulders pattern has emerged, suggesting a possible trend reversal. This implies a potential drop equivalent to the height from the head to the neckline, taking us towards the 900 level. Could this be signalling more downside in the soybean market? The current price action is intriguing as an...
Wheat first went up after a long period of preparation to hit and complete a Bullish .886 Harmonic BAMM before then coming back down, and now it looks like it wants to bounce back up from the same area due to there being Monthly Hidden Bullish Divergence at the Previous area of Support, though this time I will be targeting a relatively lower high such as the .786 retrace.
Medium-term deal on Wheat. Entrance to retest M5 imbalance The trend is downward, but the imbalance requires a corrective movement input: 668.3 (on imbalance retest) stop: 664.1 tp-1: 672.6 tp-2: 681.1
✅WHEAT keeps growing And soon the price will hit The horizontal resistance level Of 727'0 from where I will Be expecting a local correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅